Sharing Aadhaar-PAN card details can lead to theft in GST, know how


Aadhar-PAN Card: In as we speak’s time Aadhar Card and PAN Card are one of the most important documents and ID of a particular person. You have to use these documents almost in every single place associated to finance. It comprises a lot of delicate data, so it is very important to hold them secure. Otherwise, you will have to bear the brunt of this with problems like cash lacking from your checking account. Apart from this, many fraud circumstances have also come to the fore. Recently, along with the data of Aadhar and PAN card, the information of GST evasion is also being heard. So avoid sharing your Aadhar card and PAN card details if it is not necessary.

aadhar pancard details share, sharing aadhar-pan card details can lead to theft in GST, know how

Aadhar and PAN card used for GST evasion

Such frauds are being done with the help of Aadhar card and PAN card data for GST evasion. The Central Board of Indirect Taxes and Customs (CBIC) has alerted all citizens in this regard. CBIC has suggested all citizens that citizens should not share any data associated to their Aadhar card or PAN card without any legitimate cause or without any financial profit. Fraudulent individuals misuse this delicate data. With this data, they commit frauds like evasion of GST.

According to the information, through a tweet, CBIC has instructed that with the help of important data of Aadhar and PAN card, GST is used to create fraud organizations to steal. Therefore citizens should not share this data anyplace besides for legitimate and necessary causes.

The Central Board of Indirect Taxes and Customs said through a tweet that sharing Aadhaar and PAN card data without legitimate causes can be very expensive. For your data, allow us to inform you that last 12 months many pretend firms have been busted by the officers of Goods and Services Tax. These firms had been used to fraudulently declare Input Tax Credit (ITC) by creating pretend invoices without precise provides.

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